XAUUSD Drop & Retrace? 27.03.2023 by BDSwiss_Academy on TradingView.com
Gold has been experiencing high volatility the past week.
Overall has been gaining 8% change in value this month and has experiencing reversals in the process.
Today we see a sharp drop after a reversal in price signaling the opportunity to catch a retracement after the end of the move.
It might be soon but if the end of the move today is at the 100% Fibo level as depicted then traders can catch the retracement at least to 61.8% level.
